The aid effectiveness literature : the sad results of 40 years of research Doucouliagos, Chris and Paldam, Martin 2009, The aid effectiveness literature : the sad results of 40 years of research, Journal of economic surveys, vol. 23, no. 3, pp. 433-461, doi: 10.1111/j.1467-6419.2008.00568.x. Attached Files Name Description MIMEType Size Downloads Title The aid effectiveness literature : the sad results of 40 years of research Author(s) Doucouliagos, Chris orcid.org/0000-0001-5269-3556 Paldam, Martin Journal name Journal of economic surveys Volume number 23 Issue number 3 Start page 433 End page 461 Total pages 28 Publisher Blackwell Publishing Ltd Place of publication Oxford, England Publication date 2009 ISSN 0950-0804 1467-6419 Keyword(s) accumulation aid effectiveness growth meta-study Summary The aid effectiveness literature (AEL) consists of empirical macroeconomic estimates of the effects of development aid. By the end of 2004, it comprised 97 econometric studies of three families of related effects. Each family has been analyzed in a separate meta-analysis. The AEL is an ideal subject for meta-analysis as it uses only a few formally similar models to estimate the same underlying effects. It is also an area with strong beliefs, often generated by altruism. When this whole literature is examined, a clear pattern emerges. After 40 years of development aid, the preponderance of the evidence indicates that aid has not been effective. We show that the distribution of results is significantly asymmetric reflecting the reluctance of the research community to publish negative results. The Dutch disease effect on exchange rates provides a plausible explanation for the observed aid ineffectiveness. Language eng DOI 10.1111/j.1467-6419.2008.00568.x Field of Research 140210 International Economics and International Finance Socio Economic Objective 919999 Economic Framework not elsewhere classified HERDC Research category C1 Refereed article in a scholarly journal HERDC collection year 2009 Copyright notice ©2009, The Authors Persistent URL http://hdl.handle.net/10536/DRO/DU:30020739 Document type: Journal Article Collections: Faculty of Business and Law School of Accounting, Economics and Finance Related Links Link Description Connect to published version (restricted access) Go to link with your DU access privileges     Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved. Versions Version Filter Type Mon, 26 Oct 2009, 17:13:12 EST Mon, 26 Oct 2009, 17:29:09 EST Tue, 27 Oct 2009, 09:23:21 EST Tue, 27 Oct 2009, 09:24:42 EST Wed, 15 Feb 2012, 13:26:39 EST Mon, 20 Feb 2012, 13:08:03 EST Mon, 16 Jun 2014, 13:29:27 EST Thu, 11 Dec 2014, 16:20:58 EST Filtered Full Citation counts:   Cited 150 times in TR Web of Science Cited 186 times in Scopus Search Google Scholar Access Statistics: 1531 Abstract Views, 4 File Downloads  -  Detailed Statistics Created: Mon, 26 Oct 2009, 17:13:08 EST by Lee-Ann Stones